NOT LISTED FOR SALE

41 1/2 Saratoga Ave Mechanicville, NY 12118

-- Bed
6 Baths
7,211 Sq Ft
4,792 Sq Ft Lot

Last Sold August 11, 2021

Last sale price $345,000 $48 Per Sq Ft

139 Days on Market

Highlights

  • Senior Community
  • No HOA
  • Baseboard Heating
  • Wood Flooring
  • Porch
  • Level Lot

About This Home

As of August 2021

A solid & rare investment opportunity in the city of Mechanicville featuring 6 rental units that are fully occupied, 4 are currently leased/rented with long-term tenants, 2 units just rented on a month to month basis. Each unit has its own utilities. There is plenty of on-street parking, 3 parking spots behind the building, yet walkable to everything in Mechanicville. Just a short ride to Clifton Park and the Northway. 24-hour notice required for all showings due to tenants, Covid health questionnaire required prior to showing approval. Good Condition

Last Agent to Sell the Property

Andrew Barber

KW Platform License #10401295000 Listed on: 09/19/2020

KW Platform

Last Buyer's Agent

Brian Green

DwellOwner Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,670

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Aluminum Siding
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 7,211 Sq Ft Home
  • Interior Basement Entry
  • No Access to Attic

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Parking

  • 3 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for hot water, heat, cable TV, electricity
  • The owner pays for trash collection, management, snow removal
  • Legal Lot and Block 6 / 2
  • Assessor Parcel Number 411000 262.45-2-6

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $3,247

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,670

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Zoning: Mixed
  • Year Built: 1900
  • Directions: Central Av - turn onto Saratoga
  • Above Grade Finished Sq Ft: 7211.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details Full Market Assessment: 280000
  • Lot Size Acres: 0.11
  • Lot Size: .11
  • Parking Features Parking Total: 3.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number of Separate Water Meters: 1
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Estimated
  • Income: 59280.0
  • Income Description: Estimated
  • Number of Dishwashers: 3
  • Number of Refrigerators: 6
  • Unit Information Number Of Stoves: 6
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Vinyl: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet, Ceramic Tile, Hardwood, Laminate
  • Basement: Interior Entry
  • Living Area: 7211.0
  • Owner Pays: Trash Collection, Management, Snow Removal
  • Attic Features:No Attic Access: Yes
  • Basement:Interior Entry: Yes

Exterior Features

  • Roof: Rubber, Asphalt
  • Construction Type: Aluminum Siding, Brick, Vinyl Siding
  • Patio And Porch Features: Porch
  • Waterfront Features: None
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes
  • Waterfront Features:None19: Yes
  • Patio And Porch Features:Porch: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: Off Street, Paved, None, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 3.0
  • Parking Features:Off Street: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Paved: Yes
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Hot Water, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Mechanicville

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Parcel #: 411000 262.45-2-6
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Hot Water, Heat, Cable TV, Electricity

Multi Family

  • Insurance Expense: 3247.0
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 9670.0
  • Tax Block: 2
  • Tax Lot: 6
  • Tax Tract: 262.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Aug 11, 2021
Sold by
Nott Holdings Llc
Bought by
42-44 Saratoga Avenue Llc
Seller's Agent
Andrew Barber
KW Platform
Buyer's Agent
Brian Green
DwellOwner Inc.
List Price
$424,900
Sold Price
$345,000
Premium/Discount to List
-$79,900
-18.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2010
Sold by
Rubino Daniel
Bought by
Palma Diane
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
42-44 Saratoga Avenue Llc $345,000 None Available
Palma Diane $226,000 John Keenan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 42-44 Saratoga Avenue Llc $528,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $345,000 -11.5% $48 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/13/2021 01/13/21 Price Changed $389,900 -0.7% $54 / Sq Ft
11/14/2020 11/14/20 Price Changed $392,500 -5.4% $54 / Sq Ft
10/13/2020 10/13/20 Price Changed $414,900 -2.4% $58 / Sq Ft
09/18/2020 09/18/20 For Sale $424,900 -- $59 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,764 $345,000 $26,000 $319,000
2023 $10,307 $345,000 $26,000 $319,000
2022 $9,959 $345,000 $26,000 $319,000
2021 $9,896 $280,000 $26,000 $254,000
2020 $9,796 $280,000 $26,000 $254,000
2019 $5,130 $280,000 $26,000 $254,000
2018 $5,074 $280,000 $26,000 $254,000
2017 $4,497 $280,000 $26,000 $254,000
2016 $4,431 $280,000 $26,000 $254,000
Source: Public Records

Agents Affiliated with this Home

  • Andrew Barber

    Seller's Agent in 2021

    Andrew Barber

    KW Platform

    (518) 724-5872

    21 in this area

    79 Total Sales

    Section Image

  • B

    Buyer's Agent in 2021

    Brian Green

    DwellOwner Inc.

See All Agents

Map

Source: Global MLS

MLS Number: 202028621

Global MLS

APN: 411000 262.45-2-6

New York Saratoga County Mechanicville 12118

41 1/2 Saratoga Ave, Mechanicville, NY

This home is located at 41 1/2 Saratoga Ave, Mechanicville, NY 12118 since 19 September 2020. This property was built in 1900. 41 1/2 Saratoga Ave is a home located in Saratoga County with nearby schools including Mechanicville Elementary School, Mechanicville Junior Senior High School, and Augustine Classical Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Global MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.



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